The price of the BRC20 token ordi (ORDI) slid more than 10% this week against the U.S. dollar after recording substantial gains over the three weeks prior. Despite the recent downturn, ORDI has risen over 300% during the last 30 days and it’s a touch over 25% away from surpassing its all-time price high. ORDI […]
Bitcoin Dips Below $25K in a Tumultuous Crypto Market, While Traditional Equities Soar on Tesla’s Rise
Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price
On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height 802,368. Bitcoin Miners See Relief With 2.65% Difficulty Drop and Rising Hash Price As of Tuesday […]
Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $ 37.59 billion, has plummeted to a low last witnessed in the second week of February 2021. Crypto Winter’s …